Whether from ignoring illegal immigration, as is the official position of the Obama administration with their Mexican Dream Act, or by an open border agreement in the EU, the problems remain the same. No assimilation, and overloading of support systems.
A wave of immigrants who began arriving in Italy and southern Europe following the Arab Spring last year has put the 27-year-old zone under unprecedented pressure. French president Nicolas Sarkozy yesterday threatened to wreck the European free travel zone unless there is a new pact to cut down on illegal immigration.
Listen to the advice from someone who has been there. Where ‘there’ is the place where President Obama is taking this country. This video shows what this writer, and I’m not alone on this point, was saying about the Obama administration two years ago.
Essentially, they are heading the country southbound in the northbound lane. And instead of advising him to turn around, they’re telling him to speed up. And before too long, this great country will be in the same shape as Greece, Great Britain, Spain, Italy, and the rest of them.
President elect Sauli Niinisto will be the first president from the conservative National Coalition Party since 1956, and the first in 30 years from a party other than the center-left Social Democrats.
The 63-year-old took 63 percent of the votes, compared to 37 percent for his rival, Greens candidate Pekka Haavisto, official results showed with 100 percent of ballots counted.
The Euro zone is in trouble. Hungary pulled the sale of their public debt in three-year bonds. Could not afford the yields over nine percent. Meanwhile, Standard & Poor’s downgraded Hungary’s bonds to junk status.
‘Too big to fail’ is one thing. Try this, ‘Too big to save.’
The teachable moment here is, unless we turn this ship around, you’re looking at our future by looking at the economic situation in Europe today. Good too for the Brits continued refusal to adopt the ‘solution’ the European Union has in mind. It’s best not to board a ship while it is sinking. Besides, they have their own problems.
With the economy still in recession, and the President still touting his American Jobs Act, Americans are becoming more skeptical about what all the stimulus spending has done for them. And the news about questionable stimulus spending and special deals is beginning to bubble up to the surface. Some new, some old.
Old news that is coming around again is the Fisker Automotive (now Tesla Motors) luxury electric sports car that Vice President Al Gore invested in. That company got a half billion dollars for so-called green jobs. It is an electric car. It is a luxury car with a 50 mile range in total electric mode. Big investment for no market. But it did create jobs, in Britain and Finland.
The Fisker Karma sedan is priced at $87,400, with buyers eligible for a $7,500 credit on their Federal income tax returns.
Want one? Call them up and put down your $25,000 deposit. They’ll let you know when it is ready. Sell price? $87,400 to over $109,000.
So we subsidize a car company whose target market is “millionaires and billionaires,” then we give them $7,500 more of our tax dollars to incentivize them to buy it. All that from the guy that calls himself a ‘warrior for the middle class.’
Then there is the Solyndra scandal (Solar-Gate?) that wasted another half billion taxpayer dollars. That solar panel company declared bankruptcy not long after receiving your half billion dollars. Another big investment in an industry where there is no market. Officers of that company are big-time campaign fundraising bundlers for President Obama. Now those green jobs went directly to China. And Solyndra’s execs are pleading the 5th in Congressional hearings about it.
Are you seeing a pattern here of connected democrats and Big Labor being on the receiving end of millions and billions of your (and your grandkid’s) tax dollars? All in the name of stimulus and green jobs.
Check out this new TV ad from Ford. Their version of the man on the street press conference. The premise is that the subjects are real Ford owners using their own un-rehearsed response to a question from the ‘press corps.’
‘Chris’s’ response is golden. Took the words right out of my F150-owning mouth. Obviously Ford has the marketing sense to use this in their ad campaign because first of all, it is a popular sentiment, and, it is true. True about Ford. And true about the government’s handling of their competitors, Chrysler, now owned by Fiat, and GM, aka BM (Barack Motors). More jobs for Italy? That’s change you can step in.
This ad reminds me of the ‘Joe the plumber’ moment that President Obama had when his handlers let him talk to un-screened Americans for the first time. Now, it’s ‘Chris the Real Ford Owner.’ And Obama presses on down his yellow brick road.
Kudos to Ford Motor Company. It was to Chrysler and GM’s disadvantage for not standing up to the president. For not supporting their shareholders. For not supporting freedom, liberty, and free-market capitalism. Instead, they let the government roll them.
UPDATE 9/29/2011: Since the above ad, along with all their other ads are now no longer available online, below is a transcript of what it said. Ford’s explanation is that the ads run their cycles and that’s it. Their marketing people apparently don’t want to become a political news topic.
I wasn’t going to buy any other car, that was bailed out by our government. I was going to buy from a manufactuerer that’s standing on their own, win, lose or draw, that’s what America’s about is taking the chance to succeed and understanding when you failed that you gotta pick yourself up and go back to work. Ah, Ford, is that company for me. Ford (Drive One)
I guess we now have the proof of what conservatives have been saying since forever: Looting is a result of liberal welfare policies. And Britain is in the end stages of the welfare state. Congratulations, Britain! You’ve barbarized your citizenry, without regard to race, gender or physical handicap! (more of Ann Coulter)
Now notice what’s going on here: Many of these banks bought these things when they were severely distressed, thereby paying a discounted price. Now they’re going to “exchange” at face, effectively stealingthe difference.
